Subject: File No. SR-NYSEArca-2021-90 - GBTC to ETF
From: Bashir Anastas
Affiliation:

May. 10, 2022

Please consider that allowing GBTC to convert to an ETF will help the small investor in that (a) the steep discount to NAV will likely disappear benefiting holders; (b) there will less likelihood of severe variance from NAV (+ or -); and (c) an ETF will add to transparency in the available stock of BTC. 



For all these reasons, the SEC should grant the request by the applicant. 


Thank you. 


bashir anastas 
Oakland, CA